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1.79% 28.5¢ argent biopharma limited

doesn't always work like that. I hold CYP, they announced an...

  1. quicksuccess
    296 Posts.
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    15/03/17
    10:00
    Post #: 23354523
    doesn't always work like that. I hold CYP, they announced an agreement with FUJIFILM which was supposed to be something huge to the market. In anticipation of the announcement the company had a nice run. Following the confirmation of the agreement the company then announce a capital raising. It has dropped about 25% from the price it was when the agreement announcement was made and has fallen below the raising price.

    The big thing is better off coming after the raising as it can take away the 'BIG' news altogether
    MXC Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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